2

13:15-13:45

19:00-19:30

08:15-09:30

14:00-15:00

Eurofi High Level Seminar - SofiaOverall agenda - Draft

COCKTAIL

REGISTRATIONS

Wednesday 25 April 2018 Thursday 26 April 2018

BUFFET LUNCH

Friday 27 April 2018

Macro-economicandpoliticalchallenges

Fintech &digitalisationopportunitiesandchallenges Improvingfinancialstabilityandintegration

Opening remarks / Speeches: Economic convergence and resilience in the EU27 and

Eurozone

20:45-22:30

10:45-11:45

How are fintech and digitalisation transforming business models and value chains?

Exchange of views Deepening the EMU: what next? 07:45-08:45

09:45-10:45

12:30-13:00

11:45-12:30

11:00-11:45

13:15-14:00

14:30-15:45

18:00-18:30

16:00-17:00

StrengtheningthefinancingoftheEUeconomy

09:30-10:30

20:10-20:45

Vulnerabilities in global and EU financial markets

GDPR impacts, opportunities and

challenges

What can be expected from an EU fintech policy

framework?

Cybersecurity: on-going improvements and

remaining challenges

Digital payments:opportunities & challenges

for the EU

17:00-18:00

Closing remarks: tbd

Exch of views: Impact of Brexit on EU prioritiesin the financial sector

Addressing fragmentation issues in the Banking Union

and EU banking marketPriorities for further

integrating EU post-trading

Enhancing the stability of the Eurozone banking system

(EDIS, SRF backstop, NPL…)

MiFID II implementation opportunities and

challenges

Exch of views: Forthcoming unwinding of QE: expected impacts

20:45-22:00

Brexit: way forward 1 year before the deadline19:30-20:40COCKTAIL

GALA DINNERKeynote speech

Exchange of views: Addressing the obstacles to further integration of EU banking and financial markets

Further reducing fragmentation within the CMU

Speeches: Is multilateralism weakening?Plenary: Future of global financial regulatory and

supervisory coordination18:30–20:00

08:45-09:45

EU green finance framework (taxonomy,

reporting, fiduciary duties…)

Regional and SME market ecosystems in the context

of the CMU

Impacts of bank prudential rules (FRTB, NSFR)

Developing fund cross-border distribution

Developing equity investment and financing

in the EU

Insurance groups in the context of the CMU and

sustainable finance

Speeches on fintech developments and financing of the EU economy

11:45-12:15

BUFFET LUNCH

Speeches on Brexit next steps & implications

Priorities for developing sustainable finance 14:00-14:30

16:45-18:00

16:00-16:45

15:00–16:00

Are public and private debts sustainable in the

EU?

Resolution of banking groups in the EU

Tackling vulnerabilities from asset

management activities

Review of the operation of the ESAs

Supervision of EU and third country CCPs

Insurance comprehensive systemic risk framework

Index investing

18:00-19:00Developing regional financial markets in South East Europe

Exchange of views: How to foster EU banking integration?13:45-14:00

EU COUNCIL & FINANCE MINISTRIESV. Goranov, Minister of Finance, BulgariaP. Gramegna, Minister of Finance, LuxembourgL. Holle, Federal Ministry of Finance, GermanyV. La Via, Ministry of Finance, ItalyL. Mörttinen, Ministry of Finance, FinlandP.C. Padoan, Minister of Finance, ItalyM. Petrova, Ministry of Finance, Republic of BulgariaV. Šapoka, Minister of Finance, LithuaniaD. Tevdovski, Minister of Finance, Macedonia E. Tsakalotos, Minister of Finance, GreeceJ. Van Overtveldt, Minister of Finance, BelgiumH. Waiglein, Federal Ministry of Finance, Austria

MEMBERS OF THE EUROPEAN COMMISSIONB. Angel, M. Barnier, U. Bassi, M. Buti, D. Calleja, V. Dombrovskis, O. Guersent, F. Stanescu, G. Thomas, P. Zilgalvis

MEMBERS OF THE EUROPEAN PARLIAMENTB. Balz, P. Berès, E. de Lange, M. Ferber, A. Fox, R. Gualtieri, D. Hübner, O. Karas, W. Klinz, E. Maydell, L. Niedermayer, P. Tang, K. Swinburne

EUROPEAN AUTHORITIESK. Anev Janse, ESM - G. Bernardino, EIOPAA. Enria, EBA - R. Havenith, EIFE. König, SRB - S. Maijoor, ESMAF. Mazzaferro, ESRB - D. Nouy, SSMK. Regling, ESM - V. Ross, ESMAR. Strauch, ESM

DOMESTIC REGULATORSJ. Berg, Danish FSAN. Cazenave, AMFR. Buenaventura, CNMVE. Fernandez-Bollo, ACPRN. Giusto, CONSOBF. Grund, BaFinF. Hervo, ACPRF. Hufeld, BaFINK. Karaivanova, Bulgaria FSAJ-P. Servais, FMSAA. Tuominen, Finland FSA

EXPERTSN. Lemmers, European InvestorsG. Prache, Better FinanceC. Thimann, EU High Level Expert Group on Sustainable Finance, Axa

EUROFI MEMBERSL. Ahto, BNY MellonA. Attia, Euronext ParisA. Batchvarov, Bank of America Merrill LynchP. Bordenave, BNP ParibasJ. Brunel, Crédit Agricole SAA. Douglas, DTCCC. Ellis, Moody's Investors Service W. Ervin, Credit SuisseD. Gepp, Federated InvestorsKM. Georgsen, DNB BankV. Grilli, JP MorganA. Hachmeister, Deutsche Börse GroupF. Hutcheson, Ice Clear EuropeI. Jameson, SMBCEM. Leinwand, Zurich Gruppe DeutschlandD. McDonogh, Goldman SachsM. Madelain, Moody's Investors Service A. Magasiner, Bank of AmericaD. Maguire, LCH GroupA. Marquard, CLSS. Matherat, Deutsche BankL. Mostrey, EuroclearE. Müller, Eurex Clearing AGM. Rüdiger, DekaBank Deutsche GirozentraleF. Saccomanni, UnicreditK.P. Schackmann-Fallis, DSGVS. Shiraishi, Mizuho BankJ. Taylor, EIBB. Thompson, Bank of AmericaK. Timmermans, INGN. You, Crédit Agricole S.A.…..

Eurofi High Level Seminar 2018-Sofia // Key speakers confirmed include:NON-EU & INTERNATIONAL PUBLIC AUTHORITIES P. Andrews, IOSCOR. Behnam, CFTCM. Bech, CPMIO. Prato, BCBSJ. Dixon, IAISD. Domanski, FSBG. Gelos, IMFR. Goshorn, US TreasuryP. Heilbronn, EBRDI. Koske, OECDP. Leder, US SECD. Lipton, IMFJ. McPeak, NAICE. Pan, CFTCLA Pereira da Silva, BISB. Quintenz, CFTCR. Shirakawa, FSA JapanS. Yang, U.S. Treasury

ECBM. Bayle, K. Ibel, Y. Mersch, S. Lautenschläger

NATIONAL CENTRAL BANKSD. Beau, Banque de FranceP. Callesen, Danmarks NationalbankJ. Cunliffe, Bank of EnglandA. Dombret, Deutsche BundesbankE. Ferreira, Banco de PortugalS. Goulard, Banque de FranceK. Hristov, Bank of BulgariaM. Isarescu, National Bank of RomaniaL. M. Linde, Banco de EspañaJ. Metzger, Deutsche BundesbankM. Müller, Bank of EstoniaD. Radev, National Bank of BulgariaLF. Signorini, Banca d’ItaliaV. Vasiliauskas, Bank of LithuaniaB. Vujčić, National Bank of CroatiaF. Villeroy de Galhau, Banque de FranceJ. Wuermeling, Deutsche Bundesbank

Main activitiesThe main objectives of Eurofi are to help industry and public decision-makers reach a commonunderstanding of possible evolutions required in the regulation and supervision of financial services andto open the way to legislative or industry-driven solutions that may enhance the safety and effectivenessof the EU financial sector and its contribution to economic growth.

Eurofi acts in a general interest perspective, facilitating exchanges of views between diverse financialindustry players and the public authorities. These discussions are prepared by objective fact findingand issue analyses.

Eurofi has two main types of activities conducted by Didier Cahen, Secretary General of Eurofi,Jean-Marie Andrès and Marc Truchet, Senior Fellows:

Events and meetings:§ Eurofi organizes annually two major international events (the High Level Seminar in March

/ April and the Financial Forum in September) gathering industry leaders and EU andinternational public decision makers for discussions on the major on-going regulatory projects in thefinancial area and the role of the financial sector in fostering growth as well as the economic andmonetary environment.

§ These events are regularly organised in association with the EU Presidencies in parallel with informalECOFIN councils and in some cases with the G20 Presidencies. They are organised with the supportof Virginie Denis and her team.

§ Additional workshops involving the members of Eurofi are set up to exchange views on regulatoryissues. Bilateral meetings are also regularly organised with representatives of the public authoritiesand other stakeholders (e.g. end-users, experts) to fine-tune assessments and proposals.

Research and documentation:§ Assessments and proposals taking into account economic, risk and end-user impacts are prepared

with the support of cross-sectoral working groups comprising members of Eurofi.§ Topics addressed include prospective and on-going regulatory proposals at the EU and global levels,

industry trends as well as the impacts for the financial sector of the economic challenges the EU is facing.

• A not-for-profit organization currently chaired by David Wright who succeeded Jacques de Larosière as Chairman in April 2016• A platform for exchanges between the financial services industry and the public authorities addressing issues related to the evolution of financial regulation

and supervision and the economic and monetary context impacting the EU financial sector

ABOUT EUROFIThe European think tank dedicated to financial services

Membership of Eurofi : leading global and European financial institutions from different sectors of the industry

Main topics currently addressed111

§ Measures and instruments needed to ensure an appropriate financing of the EU economy:impacts of Brexit on the financing of the EU, impact of on-going monetary actions, measures tosupport bank financing (securitisation), diversification of the financing of SMEs and infrastructureprojects, proposals for developing a long term investment perspective, climate change agenda

§ Prospects of digitalisation and fintech: digital transformation in the banking and insuranceindustries, fintech and blockchain applications in the capital markets and investment, relatedregulatory challenges

§ Prospects of further EU integration: implementation of the Banking Union, priorities forimplementing a Capital Markets Union, possible evolution towards a fiscal union and further economicintegration in the Eurozone, evolution of the EU regulatory and supervisory authorities (ESRB, ESAs).

§ Optimizing the EU financial services internal market: payments, review of the IORP directive,regulation of CRAs, prospects of further banking integration and of digital banking

§ Evolutions of the prudential and regulatory framework of banks and insurancecompanies: fine-tuning and implementation of banking and insurance prudential frameworks,recovery and resolution of banks and non-banks, culture and conduct measures

§ Capital markets and investment product regulations: Capital Markets Union, regulation ofsecurities, derivatives and commodities markets and infrastructures, recovery and resolution of CCPs,cybersecurity, SFT and collateral requirements, asset management regulations, investor protectionregulation (PRIPs, MiFID, IMD…), regulation of shadow banking

§ Financial regulation at the global level: feasibility of bank crisis management at the global level,coordination of capital markets regulations at the global level, systemicity of non-banks non-insurers